
Cyber Security Awareness Month
Cyber Liability Insurance, Marketplace NewsOctober is Cyber Security Awareness Month!
Cybersecurity is one of the fastest-growing concerns for businesses as many opportunities for growth within an organization have developed into fully remote positions. To Celebrate…
Photo by Brooke Cagle on UnsplashSocial Engineering: Meaning and Impact
Claims Management, Cyber Liability Insurance, Line of Insurance, Loss Control, Risk ManagementDefinition
Social Engineering is the means of deception to extract sensitive, personal information that can then be used for further purposes, such as bank fraud, account takeovers, or identity theft. Cyber hackers primarily use social engineering…

Why Passphrases are the Future of Logins
Claims Management, Cyber Liability Insurance, Line of Insurance, Loss Control, Risk ManagementEvery so often, whether it be for a company software program like MOZ, a school database like blackboard, or even a personal social media account on twitter, you get one of the two ominous messages.
The Unwanted Messages
You get the “time…

Cybercriminals Are Targeting HR Depts. With This Resume Scheme
Cyber Liability Insurance, HR Challenges, Risk ManagementTrojan malware attacks are resurfacing since businesses are starting to return to work embracing a new normal in a post-COVID-19 world. Organizations have started to resume their hiring practices by posting job opportunities on their website,…

The SHIELD Act : How It Affects Your Business In New York
Cyber Liability Insurance, HR ChallengesDue to the increasing concern about the security of personal information, many states feel the need to implement data and cybersecurity laws to protect private information utilized by these malicious hackers. On July 26th, the governor of New…

Capital One Data Breach: Assessment and Prevention
Cyber Liability Insurance, Loss Control, Risk Management
Last year, after the Capital One Data breach, Capital One agreed to terms with US regulators to pay $80 million dollars in fines because of a data breach. The hacker accessed approximately 100 million credit card applications. Maintaining…

12 Requirements For PCI-DSS Compliance
Cyber Liability Insurance, Line of Insurance
Online transactions have become commonplace for many companies across all lines of industry. With the rapid growth in acceptance of online payments, many companies underestimate or are not even aware of requirements to maintain Payment Card…

Cognizant Gets $400 Million Payout After Cyber Attacks
Claims Management, Cyber Liability Insurance, Loss Control, Risk ManagementTechnology consultant firm Cognizant fell victim to cyber-attacks caused by a ransomware attack last April. The hack disrupted thousands of employees from accessing networks from their home during quarantine. Clients also disallowed Cognizant…
Photo by Markus Spiske on UnsplashWhat is Cyber Insurance and How Does it Work?
Cyber Liability Insurance, Loss Control, Risk ManagementWhat is Cyber Insurance and How Does it Work?
With the vast majority of companies' sensitive data being online, the vulnerability for data breaches is obvious, especially now that cybercriminals are becoming more tactical and clever with their…
